market index

Why are Market Indexes Important?

Market indexes serve several critical functions in the business world:
Benchmarking: Investors use indexes as a benchmark to compare the performance of their investment portfolios against the overall market or specific sectors.
Market Sentiment: Indexes offer insights into the overall market sentiment and economic health.
Investment Vehicles: Indexes form the basis for various investment vehicles such as mutual funds and exchange-traded funds (ETFs).

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